(Magnite Inc. )
| MGNI latest price $8.1950 (-1.15%) ($7.9300 - $8.5300) on Thu. Oct. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.24% (three month average) |
RSI | 78 |
Latest Price | $8.1950(-1.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 2.4% a day on average for past five trading days. |
Weekly Trend | MGNI advances 14% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) ARKK(66%) IBUY(66%) IWO(64%) ONLN(64%) IPO(63%) |
Factors Impacting MGNI price | MGNI will decline at least -2.12% in a week (0% probabilities). VXX(-37%) VIXM(-37%) UUP(-25%) DRIV(-6%) TLT(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -2.12% (StdDev 4.24%) |
Hourly BBV | 0 () |
Intraday Trend | -3.9% |
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